Group 6: Mohit Gupta Nikita Varma Priyanka Singh Sameera Simha Sulagna Chaudhuri Real Estate Management MASTERS OF BUILDING ENGINEERING & MANAGEMENT 2013-15

Group 6:Mohit Gupta Nikita Varma Priyanka Singh Sameera Simha Sulagna Chaudhuri

Real Estate Management

MASTERS OF BUILDING ENGINEERING & MANAGEMENT 2013-15

SPA, NEW DELHI

INVESTMENT SCHEMEFARIDABAD CITY

GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA


LOCATION

REAL ESTATE MANAGEMENT SPA, NEW DELHI

FARIDABAD



LAND

USE- 2014




SWOT

ANALYSIS


STRENGTH WEAKNESS

•The city has a well-laid out plan, which is at an edge over the other regions of Delhi NCR.

•Well planned power infrastructure.•Proximity to Delhi.•NH2 and Chaudhury Charan Singh Marg offers

excellent connectivity .•Affordable property prices vis-à-vis the rates

at Gurgaon and Noida.•Upcoming industrial areas along the

expressways.•Land allocation through government

Authorities.•Connectivity with the businesss districts of

Gurgaon is good.

•Availability of water is not sufficient•Buyers not comfortable with law and

order situation.•Few very renowned developers as

compared to those in Gurgaon.•The lack of proper healthcare facilities

OPPORTUNITY THREAT

•KMP Expressway that will become operational will connect Palwal to Manesar and further to Kundli.

•Metro connectivity under construction, expected completion by 2015.

•Majority of comparable NCR markets are high priced.

•Landuse plan developed does not feature many business centres.

•Options available in locations like Noida, Greater Noida and Gurgaon has deterred the flow of demand to Faridabad.


MASTERS OF BUILDING ENGINEERING & MANAGEMENT 2013-15REAL ESTATE MANAGEMENT SPA, NEW DELHI

•There has been a hike in apartments that were absorbed in Faridabad compared to Gurgaon and Noida .

•Also out of the construction units available in the NCR, Faridabad has the lowest share of construction units- 5%. So a greater number of housing units can be launched in Faridabad owing to the spurt in the growth of industry in the city and the improvement in infrastructure.

Distribution of 2 & 3/4 BHK in Faridabad



GROWTH STIMULATORS

• KMP expressway a recent initiative of Haryana & U.P. govt. would act as a ring road to NCR. The expressway once completed would link areas of Kundli, Manesar, Palwal with Gurgaon, Faridabad, NOIDA & Ghaziabad.

•The improved connectivity of Faridabad would result in appreciation of the property prices.

• Planned extension of Delhi Metro to South Delhi is also expected to increase the marketability of Faridabad. This would further reduce the transit time betweenDelhi & Faridabad & result in appreciation of property prices.

• Great future connectivity to NOIDA, Greater NOIDA, South Delhi & Gurgaon. Gurgaon-Faridabad wide road is already in place. Flyover from NOIDA –Greater NOIDA expressway is proposed.

• Expressway from Kalindi Kunj is slated to be completed before Commonwealth games 2010 which will facilitate a smooth journey to Agra.



• Metro is due before 2010 while many commercial & retail projects are slated to come up soon.

• As many as over 15 developers have already moved in and major construction and infrastructure upgradation activities are going on.

• Residential sectors are attracting investors as well as end-users working in & around Delhi.

• HUDA (Haryana Urban Development Authority) has contributed to the resurgent interest in Faridabad by recently announcing group housing schemes through draw of lots, which has received overwhelming response.

• Close to 1.85 million sq. ft. of IT space is estimated to come up in Faridabad by Dec 2009, which will create over 15000 jobs in this zone.



Location Avg. price Remarks

Neharpar Flats: Rs. 3700 per sq. ft. •Lots of land available for new infrastructure development.•Kundli-Manesar-Palwal Expressway that will connect Neharpar with Delhi and Gurgaon.

Surajkund Flats: Rs. 7200 per sq. ft. •The most green area of Faridabad.•Easy connectivity and close proximity to South Delhi.•Easily accessible via Gurgaon-Faridabad and Mehrauli-Badarpur road.•Asola Bhatti Wild Life Sanctuary and Sun Temple are located in this area.

NIT Faridabad Flats: Rs. 4300 per sq. ft. •Close proximity to Ballabgarh & Mathura road.• Return on investment is witnessing a hike.

Dayal Basti 2BHK flat: Rs. 30 lakhs to 35 lakhs3BHK flats: Rs. 35 lakhs to crores

Close proximity to Old Faridabad, NIT and Ballabgarh.Presence of National Museum and Tughlaqabad Fort Complex.Good education, health, lifestyle and entertainment facilities.High return on investment.

Old Faridabad Most of the property is sold out and the propertyavailable is mostly as resale property.

Selected micro markets of Faridabad city (in red) for the investment of Rs. 200 Cr



MICROMARKETS OF FARIDABAD CITY

10 GROUP 6- MOHIT | NIKITA | PRIYANKA | SAMEERA | SULAGNA


CONNECTIVITY


The Proletarians, Sector 78, Faridabad

Gurgaon-Faridabad Road – 11.4 km

NH2 (Mathura Road)Metro Line along Road – 6.7 km

Agra Canal

BPTP Bridge – 4.1 km

Chaudhary Charan Singh Marg (Bypass Road) – 5.1 km

GURGAON

DELHI

NOIDA AND GREATER NOIDA

Faridabad New Town Metro Station – 8.4 km

Badarpur Metro Station (Violet Line) – 15.6 km

Sector 87, Faridabad

Sector 49, Faridabad

Documents

Group 6: Mohit Gupta Nikita Varma Priyanka Singh Sameera Simha Sulagna Chaudhuri Real Estate Management MASTERS OF BUILDING ENGINEERING & MANAGEMENT 2013-15